Can protecting human health and the environment be justified on cost-benefit grounds?
The way to win the cost-benefit debate is to have clearly defined outcome measures. Most critical is a full accounting-i.e., long and short run, indirect and direct, nonquantitative and quantitative costs and benefits to all the relevant stakeholders. In this way externalities are eliminated, and eliminating externalities is a goal of every economist, regardless of political persuasion.
Ruttenberg
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Ruth Ruttenberg & Associates, Inc., Bethesda, Maryland 20814, USA.
D003362:Cost-Benefit Analysis; D004391:Dust; D004777:Environment; D006801:Humans; D009622:Noise; D009784:Occupational Diseases / Q000191:economics; D016273:Occupational Exposure; D011634:Public Health; D014481:United States; D014489:United States Occupational Safety and Health Administration
D004391:Dust